The 2024 Operational Risk Management II
Learn the world-class techniques and processes in managing operational risk using by elite institutions around the world
Description
Operational Risks are the most significant risks and most damaging risks that companies and institutions are exposed to. Most of the business failures that occurred in the past are due to failure in managing Operational Risks and lack of proper governance structure for managing this type of risk. In the 21st Century, with increasingly fierce competition from competitors within the industries, companies,and institutions are focusing on managing their respective operational risks rigorously and competent regulators are tightening their regulatory requirements for banks, financial institutions, and corporate organizations around the world.
Operational Risk Management is one of the most prominent components within Enterprise-Wide Risk Management framework (ERM) , therefore, all biggest consulting firms like Mckinsey, BCG, Bain, PwC consulting, KPMG consulting, Deloitte consulting, EY consulting are providing operational risk advisory services to dozen companies around the world.
BY ATTENDING THIS COURSE, you would:
- be able to understand Roles and Responsibilities related to Risk Management
- be able to communicate confidently with risk management professionals and consultants regarding Operational risks and related domains
- be able to identify Operational and compliance matters
- be able to manage operational risks and demonstrate competency in executing the framework via ORM Management tools that you're about to learn in this course.
- be able to understand deeply about core ORM tools such as: CRSA, CIM, KRI, LED, NPAP, Scenario Analysis.
- be able to work like risk professionals in any organization around the world.
- get a certificate of completion of this course
What You Will Learn!
- World class ORM tools in action including: CRSA, CIM, LED, KRI, NPAP after learning fundamental notions from ORM I course
- Formulate a comprehensive framework in managing operational risks in any entity regardless of size
- Operational Risk Management is an on-going process
- Understand the value of Basel Accord
Who Should Attend!
- Risk Management Professionals
- Compliance Risk Professionals
- IT Managers or Cybersecurity Managers
- Internal Auditors and Internal Controls Professionals
- Risk Management Students, Business and Finance Students, Banking Students, bankers
- Other learners who want to learn about advanced techniques of Operational Risks Management Framework.